Why is the Govt. is charging STT, even for the loss-makers? Do you really support STT as a trader?
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Securities Transaction Tax is really hurting the retail traders. Govt. is very harsh on traders. I think no other countries are charging taxes on people who lose their capital.
The Govt. should consider this request and remove the STT.
The union govt. is really behaving harshly on traders. There are more than 95% of traders making losses in the stock market. On top of that, the Securities Transaction Tax is killing like anything.
I think the govt. will consider this only when they get a revolutionary reaction from the trader’s community.